Husband to be left with $0 after divorce

Discussion in 'World Events' started by Orleander, Apr 21, 2009.

  1. Orleander OH JOY!!!! Valued Senior Member

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    25,817
    What an idiot. I'll never understand smart educated people who willingly sign a pre-nup and scream 'not fair!'

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    Heiress Katrin Radmacher fights to enforce prenuptial against husband

    The status of prenuptial contracts in England will be tested in a landmark appeal in London next week when a multimillionaire German heiress seeks to enforce an agreement that would leave her husband with nothing.

    Katrin Radmacher, a paper industry heiress worth an estimated £100 million, claims that her estranged husband is seeking to renege on a deal the couple made before they married in London in 1998 in which he agreed not to claim against her if they separated.

    The estranged husband, Nicolas Granatino, has hired Fiona Shackleton, London's best known divorce lawyer who advised Sir Paul McCartney is his split with Heather Mills, to act over his claim of a share of her fortune when the case comes before the Court of Appeal.

    A High Court judge has already ruled during their divorce proceedings in July that it would be "manifestly unfair" to hold Mr Granatino to the deal, given their respective financial strength, and ordered that Ms Radmacher make a one-off payment of £5.6 million.

    If Ms Radmacher succeeds in challenging the award, the ruling will mean that pre-nuptial contracts, widely recognised in Europe and obtained there by many foreign couples who subsequently come to London, are legally enforceable in England.

    It would also strengthen the enforceability of pre-nuptial contracts generally in the UK courts.

    One divorce lawyer said: "For him to get nothing would seem a bit harsh, given that she is worth some £100 million."

    Mr Granatino, a French national who worked for JP Morgan, gave up his banking career six years ago to pursue a doctorate in biotechnology at Oxford.

    The couple's marriage broke down shortly afterwards, culminating in formal separation in 2006, eight years after they were wedded.

    He says that he can now expect to earn just £30,000 a year as an academic researcher and has accumulated debts of several hundred thousand pounds.

    Under their pre-nuptial agreement, executed in German law four months before their marriage, both parties agreed not to make a financial claim against the other if they split up.
     
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  3. madanthonywayne Morning in America Registered Senior Member

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    When I saw the thread title, I thought the guy would have nothing left because the court gave all his money to his wife and I was ready to be outraged. But if the money was never his to begin with and he signed the pre-nup agreeing to take nothing, that's his own fault.
     
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  5. Orleander OH JOY!!!! Valued Senior Member

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    outraged at the court or his wife?
     
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  7. CutsieMarie89 Zen Registered Senior Member

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    I have little pity for the moronic.
     
  8. Asguard Kiss my dark side Valued Senior Member

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    yet how many of you would be sympathetic if the situation was reversed?
    feminist groups would be protesting in the streets. Good for him and if it ends the practice thats a good outcome.
     
  9. John99 Banned Banned

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    22,046
    what practice?
     
  10. Asguard Kiss my dark side Valued Senior Member

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    23,049
    using prenups to skirt the laws which are very clear on how assets are to be divided in a divorce (and defacto break up in australia as well)
     
  11. John99 Banned Banned

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    22,046
    it is an agreement. either you do it ahead of time or you do it after.
     
  12. mikenostic Stop pretending you're smart! Registered Senior Member

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    4,624
    What?

    Whoever thinks this jackass should get one freakin Schilling, is stupid.
    He signed an agreement. He signed a fucking agreement. Please in yall's infinite wisdom enlighten me with your logic on why he should get even a pound???

    Maybe this, and your asinine mindset towards it Asguard, will finally convince people to stop getting married....as if that will ever happen.
     
  13. Asguard Kiss my dark side Valued Senior Member

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    23,049
    this is from the US

    http://www.totaldivorce.com/process/prenuptial-agreements.aspx

    how many women have used this to get a prenup thrown out and taken huge sums and been lauded as "great feminists"?
     
  14. John99 Banned Banned

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    22,046
    i dont know of any.
     
  15. draqon Banned Banned

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    35,006
    I was going to scream out "look men its American women who all think about divorcing you and than leave you with nothing!", but this was a UK case...so...not much to say here...
     
  16. John99 Banned Banned

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    22,046
    its sad marrying old people for their money.
     
  17. draqon Banned Banned

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    35,006
    why is it sad? the old people will die soon anyway, their money will go dissipate into nothing...churches...government high officials...mortgage prices...

    I mean when life sucks, get the most out of it.
     
  18. CutsieMarie89 Zen Registered Senior Member

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    3,485
    I would feel bad for her either. If you want a cut of your partners money then don't sign any agreements saying that you don't, because your lying.
     
  19. Asguard Kiss my dark side Valued Senior Member

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    23,049
    so you think all prenups are fair and equitable in there signing?
    you dont think either partner has more power than the other right?
    zero cohersion?

    your dreaming
     
  20. Mrs.Lucysnow Valued Senior Member

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    9,879
    Well why sign an agreement if its not in your best interest? If you agree to a zero sum then you should get zero.
     
  21. CutsieMarie89 Zen Registered Senior Member

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    3,485
    If someone took your hand or held a gun to your head and told you to sign or else then sure you can take that one to court you didn't actually agree to it. But if no one forces you to do anything and you can read. I don't have much sympathy. If you think your getting the short end of the stick then don't sign the agreement until your satisfied.
     
  22. Asguard Kiss my dark side Valued Senior Member

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    23,049
    again you honestly dont think someone can be cohersed into signing?
     
  23. Asguard Kiss my dark side Valued Senior Member

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    23,049

    what about if your preganat and the father threatens to throw you out on the street if you refuse to sign?

    what if they have embarising photos or videos and threaten to relace them if you dont sign?

    your talking about the people you are most dependent on, you honestly think that you couldnt coherse your partner or they you if they wanted to?
     

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